McDonald's Quarterly Balance Sheet
NYSE: MCDConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
McDonald's financial position
As of Jun 30, 2026, McDonald's reported total assets of $59.92 billion, up 0.6% from a year earlier against total liabilities of $60.94 billion. Shareholders' equity was negative at -$1.02 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $822.0 million in cash and equivalents against $39.86 billion of debt, a net debt position of $39.04 billion.
The current ratio (current assets divided by current liabilities) was 1.08, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
McDonald's balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 822.00M | 1.17B | 774.00M | 2.41B | 1.88B | 1.24B | 1.08B | 1.22B | 792.00M | 838.00M | 4.58B | 3.50B |
| Receivables | 2.48B | 2.43B | 2.47B | 2.58B | 2.55B | 2.39B | 2.38B | 2.46B | 2.40B | 2.24B | 2.49B | 2.25B |
| Inventory | 58.00M | 61.00M | 61.00M | 55.00M | 55.00M | 51.00M | 56.00M | 54.00M | 46.00M | 46.00M | 53.00M | 47.60M |
| Total Current Assets | 4.34B | 4.71B | 4.16B | 6.08B | 5.60B | 4.74B | 4.60B | 4.91B | 4.21B | 4.06B | 7.99B | 6.85B |
| Property, Plant & Equipment | 28.48B | 28.25B | 28.24B | 27.49B | 27.04B | 25.75B | 25.30B | 25.77B | 24.81B | 24.68B | 24.91B | 23.92B |
| Goodwill | 3.35B | 3.35B | 3.35B | 3.31B | 3.31B | 3.19B | 3.15B | 3.22B | 3.05B | 3.03B | 3.04B | 2.97B |
| Total Assets | 59.92B | 60.04B | 59.52B | 60.61B | 59.55B | 56.33B | 55.18B | 56.17B | 53.80B | 53.51B | 56.15B | 52.09B |
| Accounts Payable | 1.11B | 1.09B | 1.15B | 972.00M | 838.00M | 882.00M | 1.03B | 944.00M | 949.00M | 936.00M | 1.10B | 862.40M |
| Short-Term Debt | — | — | 1.52B | 1.80B | 602.00M | 80.00M | 0 | 596.00M | 0 | 604.00M | 2.19B | — |
| Total Current Liabilities | 4.02B | 4.15B | 4.36B | 6.08B | 4.30B | 4.01B | 3.86B | 6.31B | 3.91B | 4.89B | 6.86B | 4.00B |
| Long-Term Debt | 39.86B | 40.10B | 39.97B | 39.48B | 40.80B | 38.84B | 38.42B | 38.99B | 38.52B | 36.76B | 37.15B | 37.27B |
| Total Liabilities | 60.94B | 61.32B | 61.31B | 62.77B | 62.31B | 59.78B | 58.98B | 61.35B | 58.63B | 58.35B | 60.85B | 56.94B |
| Shareholders' Equity | -1.02B | -1.29B | -1.79B | -2.16B | -2.76B | -3.45B | -3.80B | -5.18B | -4.82B | -4.83B | -4.71B | -4.86B |
| Retained Earnings | 71.99B | 70.94B | 70.28B | 69.44B | 68.42B | 67.44B | 66.83B | 64.82B | 65.03B | 64.20B | 63.48B | 62.65B |
| Total Debt | 39.86B | 40.10B | 41.50B | 41.28B | 41.40B | 38.92B | 38.42B | 39.59B | 38.52B | 37.37B | 39.34B | 37.27B |
| Net Cash (Debt) | -39.04B | -38.94B | -40.72B | -38.87B | -39.53B | -37.69B | -37.34B | -38.37B | -37.73B | -36.53B | -34.77B | -33.78B |
This table shows 12 quarterly periods of McDonald's's balance sheet, from Q2 2026 back to Q3 2023, across 17 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MCD's reporting calendar. What is a balance sheet?